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28 May

EU clears €1.4 billion in new hydrogen funding scheme

The European Commission approved on Tuesday the fourth round of Important Project of Common European Interest (IPCEI) hydrogen funding, clearing €1.4 billion ($1.52 billion) in state aid. The so-called Hy2Move scheme focuses on projects dealing with “specific challenges and objectives” around hydrogen technology in mobility and transport applications. It was proposed by seven EU countries: Estonia, France, Germany, Italy, the Netherlands, Slovaki…
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